Q2 revenues, profits on the rise at DHX Media

HALIFAX - DHX Media saw its second quarter profits more than double which its CEO credited to “solid fundamentals and steadfast execution of our business strategies”.For the period ended December 31, 2015, the company reported revenues of $81.5 million, up 27% from $64.3 million year-over-year. The increase was generally due to increases in distribution revenues (92% organic, 8% acquisitive), which accounted for 34% of the growth, proprietary production revenues (97% organic, 3% acquisitive), which accounted for 48% of the growth, producer and service fee revenues (91% organic, 9% acquisitive), which accounted for 28% of the growth, M&L-represented revenues (all organic),...